Bitcoin Price Eyeing Critical Support

Bitcoin Price Eyeing Critical Support

Bitcoin price has fallen away from the highs of Thursday and Friday and is being drawn back to critical support just above $230. Will price bounce or will it return to the week's lows? This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h44 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The outlook is bearish at the 6hr and 12hr timeframes and thanks to xbt.social member santana for his multi-chart....


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Litecoin Price Technical Analysis For 08/01/2016 - Critical Upside Break

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Bitcoin Price Declines Below Critical Support

Bitcoin price has fallen below the critical support level currently at $261 and 1624 CNY. Analysis looks at potential downside targets. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h54 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price is retesting the $261 / 1624 CNY level from below. Analysis stands as per yesterday's last update: Price should correct higher (perhaps to above the green 20MA)....

Bitcoin Price Weekly Analysis – BTC/USD Eyeing $750?

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Bitcoin Price Weekly Analysis – BTC/USD Eyeing Crucial Break

Bitcoin price traded positively this past week versus the US dollar, and currently the BTC/USD pair is eyeing a major downside move. Key Points. Bitcoin price traded positively this past week against the US Dollar to trade near $780. At the moment, the BTC/USD pair is attempting to break a bullish trend line formed on the 4-hours chart (data feed from SimpleFX). If there is a break and close in BTC/USD, there may be an increase in the downside pressure. Bitcoin Price Trend Line Support. There was a nice upside move in BTC price this past week, as it moved towards the $780 level....

Quotes

My initial thought when I heard about Bitcoin from my students is that is a scam. I know now that the technology of Bitcoin might prove useful but I am puzzled by the rush to it.

Meir Statman, Professor at Santa Clara University specializing in behavioral finance